China remains top investment spot for U.S. firms: study

[Coventina]

Source: Reuters

SHANGHAI (Reuters) - China remains a top investment destination for U.S. companies in 2010 amid the global economic slowdown as they expect to see continuous growth in sales and profit, an American Chamber of Commerce (AmCham) study showed.

More than 90 percent of respondents had an optimistic business outlook on China based on an AmCham survey of 369 American companies, up from 80.7 percent in a similar survey in 2008, AmCham said a research report, released on Wednesday.

The study also found that 64.5 percent of those surveyed had plans to increase their investment in China next year, up from 58.6 percent in 2009.

"American companies are finding that their performance in China is the bright spot in an otherwise difficult global picture," J. Norwell Coquillard, chairman of AmCham Shanghai, said in a statement.



Read more: http://www.reuters.com/article/idUSTRE5B80ZT20091209

[onehandle]

1. Treason. Investment in a Communist superpower.

If teabaggers really believed in America, they would have a problem with this.

I do.

[SergeStorms]

2. This American.......

will do everything in his power to avoid buying from, or using the services of, "American" companies that have moved their operations to China, India, Viet Nam, Mexico etc. to boost their profits. It's tough. Every time I talk to "Mary" - from Bangalor, India - at a customer service number, another little part of me dies. I know I spend a LOT of time trying to find items made within our borders, and MUCH more money when I do, but someone has to make a stand. I'm not that naive to think my piddling purchases are making a difference in the bottom line of the MEGACORPS, but it sure makes me feel better. At least I'm not adding to the problem, and sometimes that's the best a person can do.

[WriteDown]

3. Naturally....

Their our "Most Favored" trading nation.